Success Stories

“It was crucial for us that EGF stepped up. The whole project hinged on us being able to access the money. EGF was so helpful in facilitating the whole process. They were instrumental in guiding us through what we needed and helping execute on the loan."- Andrew McDonnell Highland Farm in Chatham, N.Y. An EGF loan helped this small farm remain as environmentally sustainable as possible, while still yielding the greatest economic benefits.
Andrew and Courtney McDonnell [...]

“It was a blessing getting this loan after losing so much in Hurricane Sandy. I didn’t know what else to do. My lender suggested this new program, and it was everything they said it would be; quick, simple, and easy. I live here and I have pride in my community. I want a beautiful facility and a way to give back.” Eddie Leach, ESPN Fitness, Long Island, N.Y.
Eddie Leach’s company, ESPN Fitness, had been gaining customers and brand recognition since Leach [...]

“Excelsior Growth Fund kept my head above water. It allowed me to invest in the company in areas that we really needed, like advertising and payroll, at a time when we were just treading water. I wouldn’t have been able to do that otherwise. We were hit by a double whammy of moving and not having electricity. People were sympathetic to Sandy for about a week. After that, they were not.” -Rachel Simon Lights Up in Brooklyn, N.Y.
Rachel Simon was in the middle of moving her [...]

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About Us

Excelsior Growth Fund (EGF) promotes economic development and job creation in New Jersey, New York and Pennsylvania by providing streamlined access to small business loans and business advisory services. Excelsior Growth Fund is a not-for-profit 501(c)(3) and certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI).